Indian Bank’s total deposits stood at Rs 7.02 lakh crore (provisional) as of December 31, 2024 (Q3FY25), posting an 7.3% rise in year-on-year (YoY) terms as against Rs 6.54 lakh crore as of December 31, 2023 and on quarter-on-quarter (QoQ) basis, total deposits stood at Rs 6.93 lakh crore as of September 30, 2024.
Its total Business grew 8.3% to Rs 12.61 lakh crore (provisional) as of December 31, 2024, as compared to Rs 11.64 lakh crore as of December 31, 2023.
Its gross advances stood at Rs 5.59 lakh crore (provisional) as of Q3FY25, posting a 9.6% rise in year-on-year (YoY) terms against Rs 5.10 lakh crore as of Q3FY24 and in quarter-on-quarter (QoQ) basis stood at Rs 5.51 lakh crore as of September 30, 2024.
Indian Bank was established as a part of the Swadeshi movement. The Bank provides a wide spectrum of banking products and services.
